Coinbase Shutting Down Earn.com! Coinbase shutting down Earn.com and pushing Coinbase Earn! Earn.Com was pushed by Coinbase to educate the public at large about cryptocurrency while offering incentives for doing so. Coinbase Earn is an in-house education platform – it makes sense that Coinbase would want to keep this in house.
The Block first broke the story on Dec. 22nd that Coinbase sent an email to its customers confirming that they would be focusing on Coinbase Earn and was in the process of “sunsetting Earn.com”.
Earn.com and Coinbase Earn are platforms that compensate their users with crypto assets for learning about them and completing educational tasks. Coinbase first acquired Earn.com in April of 2018.
Earn.com users are advised to withdraw their balances by Feb. 2020. Coinbase plans to aggressively scale Coinbase Earn even further while still connecting with more blockchain networks to engaged crypto users.
Coinbase Earn launched earlier this year in mid-May to an audience of about 100 countries. The initiative on the platform compensated users for learning about 0x (ZRX), an ERC-20 token. Coinbase claims that the project “has allowed nearly a million unique users in 115+ countries to earn their share of hundreds of millions of dollars in crypto.”
What do you think? Have you been using Earn.com or Coinbase Earn? Let us know on our Facebook page!